Friday, February 19, 2016

Americans That Pay No Taxes Surging : IRS - 44% Paid No Tax

DS-IRS-non-federal-income-tax-chart-1_700
Mr Objma's plan is working to perfection as more and more people are denied any option to a job that will lift them out of poverty or just to give them an opportunity to understand they have a future if they work hard at a good job.

Keeping as many people as possible dependent on government assistance is the Objma plan, and thereby making sure they have only one option for survival and this is to vote they way they are told.

Almost Half of US Residents Still Pay No Federal Income Tax
Patrick Tyrrell /     

According to data published by the IRS and the U.S. Census Bureau, 44.2 percent of U.S. residents paid no federal income tax in 2013 (the most recent year for which data is available).

No doubt many of the non-payers would willingly pay income tax in exchange for the chance to work in a more dynamic economy that generated more and better jobs. But our labor market has been hobbled by government regulations, cronyism, government power grabs, a tax code nobody understands, and federal waste.

The chart tells the story.

In 1962, the percentage of people who did not pay federal income taxes themselves and who were not claimed as dependents by someone who paid federal income taxes stood at 24.0 percent; it fell to 12.6 percent by 1969 before beginning a ragged and ultimately steady increase.

By 2000, the percentage was 34.1 percent; by 2009, it was 49.6 percent. The number dropped to 44.7 percent in 2011, and it has hovered around 44 percent ever since. An astounding 33.67 percent of tax returns are filed only to claim benefits while not paying any income tax. That is up from 18.64 percent in 1990.The federal government stands in the way of success for too many people.

Establishing a limited federal government is as critical now as when Reagan said those words.




 

No comments: